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Tesla earnings

Tesla seeks lithium refinery on Texas coast, but not without tax...

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Tesla is investigating the feasibility of a new lithium hydroxide refining facility on Texas’s gulf coast. The electric vehicle company sent a letter to...
Treasury Secretary

Update: Treasury Sec. Yellen pushes economic resilience at Ford EV plant...

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9/12/2022: US Treasury Secretary Janet Yellen made a visit to Detroit late last week, during which she had lunch with Detroit Mayor Mike Duggan,...
CHIPs Act

Biden Administration announces strategy for $50 billion CHIPs Act spending

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Earlier this week, the US Department of Commerce outlined plans for a rollout of $50 billion in funding for domestic semiconductor chip manufacturing as...
Jeep

Jeep unveils four EV additions to lineup, two will be released...

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Jeep released more information regarding additions to its all-electric lineup and the company’s plans to increase the percentage of EVs in its portfolio. The...
market outlook

Market outlook reaches record low according to Cox Automotive’s Q3 Dealer...

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The Cox Automotive Dealer Sentiment Index for the third quarter of 2022 shows that auto dealers have a mostly pessimistic view of the market, likely...
Harbinger

EV startup Harbinger will debut next week at the Detroit Auto...

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Visitors to the Detroit Auto Show will get the chance to meet the new EV startup company, Harbinger Motors Inc. The California-based startup will...
Fed interest rates

Fed officials likely to hike interest rates another 0.75 percentage point

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On August 26, in Jackson Hole, Wyoming, Federal Reserve Chairman Jerome Powell made a public pledge to reduce inflation, even at the expense of the...
Polestar

EV maker Polestar doubles revenue to $1 billion in first-half of...

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Polestar is positioning itself to be a dominant force in the EV market. The company announced newly updated financials for the first half of...
Toyota

Toyota refines BEV development strategy, aims to reduce battery costs by...

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Toyota is making moves that the company hopes will speed its development pace for battery electric vehicles, including significant investments in properties in the...
critical minerals

Demand for EV production far outpaces mineral supply from US mining...

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President Joe Biden’s recently passed Inflation Reduction Act is positioned to help the country reach its goal of reducing greenhouse gas output by 40%...